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To: gwgn02

I’ll have to disagree with Laffer.

Both plans include a VAT.

That’s about the only way you could make our tax system worse than it already is.


6 posted on 11/27/2015 8:53:14 PM PST by EternalVigilance
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To: EternalVigilance
Both plans include a VAT.

That’s about the only way you could make our tax system worse than it already is.

A VAT is no worse than any other tax. The European implementation of the VAT is criticized because it was imposed on top of the already-existing income tax.

Both of these plans eliminate the corporate income tax. The criticisms of a VAT here are groundless.

9 posted on 11/28/2015 3:35:29 AM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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